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Passion. Potential. Pitches. Don't miss any of the 2025 New Venture Challenge excitement.
Tune in Friday, April 11 at 1 p.m. for great ideas and fierce competition. Then, join the judges, mentors, spectators and teams as they see who is going home with thousands of dollars in venture financing. The awards broadcast begins at 6:30 p.m. and one team will walk away as the overall best venture.
Central Michigan University’s College of Business Administration is the home of the Isabella Bank Institute for Entrepreneurship and the first Department of Entrepreneurship in the state of Michigan. We are a student-centric hub where experiential, curricular, and external entrepreneurial opportunities intersect.
Our mission is to maximize student success by fostering a campus-wide entrepreneurial mindset that promotes inter-disciplinary collaboration and the creation of new ventures.
We aim to create innovative programming, boost cross-campus and ecosystem collaboration and provide a comprehensive mentoring program.
Our institute provides extracurricular opportunities and is open to all undergraduate and graduate CMU students.
Are you interested in becoming an entrepreneur?
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After decades of falling or stable consumer prices, inflation came as a nasty surprise to Americans in 1910. A new book by retired Central Michigan University history faculty member David I. Macleod portrays what followed.
Inflation Decade, 1910-1920: Americans Confront the High Cost of Living (Palgrave Macmillan, 2024) shows that modest increases in living costs spurred mass protests and myriad—sometimes odd—remedial schemes between 1910 and 1914. Then as now, consumer discontent hurt the incumbent president, William Howard Taft, and his party. Republicans lost control of Congress and the White House by 1912.
Macleod says Democrats soon faced worsening problems. Wartime demand and inflationary fiscal policy doubled consumer prices from 1915 to 1920, triggering waves of strikes, food riots by immigrant housewives, middle-class resentment of falling real incomes, and elite fears of revolution. Food prices dominated consumer concerns; yet farmers wanted high commodity prices. Accordingly, both sides excoriated meat packers, wholesalers, and retailers.
Fumbling responses by Woodrow Wilson’s administration and the newly formed Federal Reserve led to hesitant wartime price restraints, punitive postwar raids and prosecutions, and a now-familiar fallback—high interest rates in 1920. Political disaster for Democrats and deep recession in 1921 followed.
The book includes an epilogue that traces continuing cost-of-living issues and changes in the consumer price index down to 2020.
Macleod retired from the Department of History, World Languages, and Cultures after 42 years in 2012. He says the book follows from teaching and research he did while still at CMU.
"Thanks to the CMU library's excellent microfilm and book holdings, online sources available through the library, and help from the interlibrary loan staff, I was able to do a remarkably large share of the research right here in Mt. Pleasant."
Explore special opportunities to learn new skills and travel the world.
Present your venture and win BIG at the New Venture Challenge.
Boost your entrepreneurial skills through our workshops, mentor meetups and pitch competitions.
Learn about the entrepreneurship makerspace on campus in Grawn Hall.
Present a 2-minute pitch at the Make-A-Pitch Competition and you could win prizes and bragging rights!
Connect with mentors and faculty who are here to support the next generation of CMU entrepreneurs.
Are you a CMU alum looking to support CMU student entrepreneurs? Learn how you can support or donate to the Entrepreneurship Institute.